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Bookies take bets on Euro PS3 price cut

Bookmakers Paddy Power are taking bets on how much Sony is likely to cut the price of the PlayStation 3 in Europe.

Bookmakers Paddy Power are taking bets on how much Sony is likely to cut the price of the PlayStation 3 in Europe.

The company is offering odds of 11/8 that Sony will reduce the price between GBP 376 and GBP 400 ahead of an expected announcement this Thursday.

Sony has reduced the price of the PS3 in North America by USD 100, prompting the bookmaker to offer six options to punters, including 8/1 odds that there will be no price cut at all.

Sony has only so far implied that an announcement relating to the the value of the console is due this week, with some expecting software to be bundled with the PS3 rather than a price cut.

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Matt Martin

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Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.